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MDB

MongoDB NasdaqGM:MDB Stock Report

Last Price

US$269.01

Market Cap

US$18.3b

7D

-11.2%

1Y

-25.7%

Updated

03 Jul, 2022

Data

Company Financials +
MDB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MDB Stock Overview

MongoDB, Inc. provides general purpose database platform worldwide.

MongoDB Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MongoDB
Historical stock prices
Current Share PriceUS$269.01
52 Week HighUS$590.00
52 Week LowUS$213.39
Beta1.0
1 Month Change-6.17%
3 Month Change-40.81%
1 Year Change-25.69%
3 Year Change72.55%
5 Year Changen/a
Change since IPO738.82%

Recent News & Updates

Jun 15
Is MongoDB (NASDAQ:MDB) Weighed On By Its Debt Load?

Is MongoDB (NASDAQ:MDB) Weighed On By Its Debt Load?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Jun 14

MongoDB Stock Forecast: Where Will It Be By 2025?

MongoDB has commenced a fledgling recovery from the recent lows. Revenue growth is accelerating, margins are about to go positive, fundamental valuation is reasonable for its growth, and the chart looks bullish to us. What could possibly go wrong? We explain it all below.

Jun 08

MongoDB Earnings: 5 Takeaways Including 'Atlas Is Crushing It'

MongoDB just delivered accelerating growth and margin expansion. Management remained prudent with a soft FY23 guidance raise. The platform strategy revealed at MongoDB World could be a catalyst. The company is showing signs of competitive advantages. Valuation has tapered off after a 50% sell-off.

Shareholder Returns

MDBUS ITUS Market
7D-11.2%-4.7%-2.5%
1Y-25.7%-35.2%-21.2%

Return vs Industry: MDB exceeded the US IT industry which returned -35.2% over the past year.

Return vs Market: MDB underperformed the US Market which returned -21.2% over the past year.

Price Volatility

Is MDB's price volatile compared to industry and market?
MDB volatility
MDB Average Weekly Movement14.3%
IT Industry Average Movement9.9%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: MDB is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: MDB's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20073,798Dev Ittycheriahttps://www.mongodb.com

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training.

MongoDB Fundamentals Summary

How do MongoDB's earnings and revenue compare to its market cap?
MDB fundamental statistics
Market CapUS$18.32b
Earnings (TTM)-US$320.17m
Revenue (TTM)US$977.58m

18.7x

P/S Ratio

-57.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MDB income statement (TTM)
RevenueUS$977.58m
Cost of RevenueUS$283.18m
Gross ProfitUS$694.40m
Other ExpensesUS$1.01b
Earnings-US$320.17m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-4.70
Gross Margin71.03%
Net Profit Margin-32.75%
Debt/Equity Ratio169.0%

How did MDB perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MDB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MDB?

Other financial metrics that can be useful for relative valuation.

MDB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue18.1x
Enterprise Value/EBITDA-62.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does MDB's PS Ratio compare to its peers?

MDB PS Ratio vs Peers
The above table shows the PS ratio for MDB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average12.4x
OKTA Okta
10.3x24.4%US$15.1b
NET Cloudflare
20.5x30.8%US$15.0b
TWLO Twilio
4.9x22.3%US$15.5b
VRSN VeriSign
13.9x7.8%US$18.7b
MDB MongoDB
18.7x24.7%US$18.3b

Price-To-Sales vs Peers: MDB is expensive based on its Price-To-Sales Ratio (18.7x) compared to the peer average (12.4x).


Price to Earnings Ratio vs Industry

How does MDB's PE Ratio compare vs other companies in the US IT Industry?

Price-To-Sales vs Industry: MDB is expensive based on its Price-To-Sales Ratio (18.7x) compared to the US IT industry average (2.4x)


Price to Sales Ratio vs Fair Ratio

What is MDB's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MDB PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio18.7x
Fair PS Ratio13.9x

Price-To-Sales vs Fair Ratio: MDB is expensive based on its Price-To-Sales Ratio (18.7x) compared to the estimated Fair Price-To-Sales Ratio (13.9x).


Share Price vs Fair Value

What is the Fair Price of MDB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MDB ($269.01) is trading below our estimate of fair value ($376.07)

Significantly Below Fair Value: MDB is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MDB's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is MongoDB forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


29.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MDB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MDB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MDB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MDB's revenue (24.7% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: MDB's revenue (24.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MDB's Return on Equity is forecast to be low in 3 years time (7.6%).


Discover growth companies

Past Performance

How has MongoDB performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-31.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MDB is currently unprofitable.

Growing Profit Margin: MDB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MDB is unprofitable, and losses have increased over the past 5 years at a rate of 31.6% per year.

Accelerating Growth: Unable to compare MDB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MDB is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (21.4%).


Return on Equity

High ROE: MDB has a negative Return on Equity (-47.58%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is MongoDB's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MDB's short term assets ($2.1B) exceed its short term liabilities ($503.7M).

Long Term Liabilities: MDB's short term assets ($2.1B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: MDB has more cash than its total debt.

Reducing Debt: Insufficient data to determine if MDB's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MDB has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MDB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies

Dividend

What is MongoDB current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MDB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MDB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MDB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MDB's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MDB has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Dev Ittycheria (55 yo)

7.83yrs

Tenure

US$10,566,757

Compensation

Mr. Dev C. Ittycheria serves as Director of DataRobot, Inc. since December 2021. He serves as an Operating Advisor of Lightview Capital, LLC. Mr. Ittycheria serves as Director of Airbyte, Inc. (formerly kn...


CEO Compensation Analysis

Compensation vs Market: Dev's total compensation ($USD10.57M) is about average for companies of similar size in the US market ($USD13.43M).

Compensation vs Earnings: Dev's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: MDB's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: MDB's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MDB insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.


Top Shareholders

Company Information

MongoDB, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: MongoDB, Inc.
  • Ticker: MDB
  • Exchange: NasdaqGM
  • Founded: 2007
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Implied Market Cap: US$18.324b
  • Shares outstanding: 68.11m
  • Website: https://www.mongodb.com

Number of Employees


Location

  • MongoDB, Inc.
  • 1633 Broadway
  • 38th Floor
  • New York
  • New York
  • 10019
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/04/30
Annual Earnings2022/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.